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U.S. Master Payroll Guide (2011)
This one-source resource to payroll is part of CCH's Master Series of professional guidebooks. You'll find everything you need to know about payroll from employers and their obligations to payroll withholding and tax deposits to payroll management and administration issues.
The Social Security Administration's (SSA) Consent-Based Social Security Number Verification Service (CBSV) is a fee-for-service option available to any interested party with an Employer Identification Number (EIN), including private businesses, government agencies, and tax preparers. Participating companies can verify whether a name and Social Security number (SSN) match Social Security’s Master File only with the number holder’s written consent. The written consent authorizes the SSA to disclose the SSN verification to the requesting party and may only be used for the reason specified on the consent form. CBSV may also be used as part of the pre-hiring process.
CBSV has enrolled more than 100 companies since November 2008, including firms providing background and pre-employment checks, tax preparation, and financial services. Users have a choice of three possible access modes: web service, internet online, or batch. The service provides instantaneous, automated verification and can easily handle large volume requests.
To use CBSV, a company must sign an agreement with the SSA, pay a non-refundable enrollment fee of $5,000, and then pay a transaction fee of $0.56 per SSN verification request. The transaction fee must be paid in advance. Periodically, the SSA recalculates the costs it incurs for providing the CBSV service and adjusts the transaction fee it charges. Subscribers will be notified, in writing, of any change in the transaction fee. The SSA may close enrollment to CBSV at its discretion.
CBSV is different from the Social Security Number Verification Service (SSNVS). SSNVS is solely for employers to verify the information of their employees or former employees before preparing and submitting Forms W-2. SSNVS, unlike CBSV, cannot be used as part of the pre-hiring process. Since SSNVS supports the SSA’s program administration, there are no fees for using SSNVS and the signed consent of the number holder is not required.
(www.ssa.gov.)
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